-
Swiss Central Bank To Launch Central Bank Digital Currency (CBDC), List On The Zurich Stock Exchange
Monday, June 26, 2023 - 2:57pm | 696Read More...In a recent announcement at the Point Zero Conference in Zurich, Thomas Jordan, the President of the Swiss National Bank (SNB), disclosed plans for the launch of a self-backed CBDC. The SNB intends to conduct a pilot project by listing this digital currency on the digital market...
-
Switzerland ETF Sort Of Stable, But Currency Is An Issue
Monday, April 11, 2016 - 9:11am | 659Read More...Switzerland is often see as a beacon of economic stability in what can a volatile European scene, but the Swiss franc always looms large for investors considering Swiss equities. Franc strength often weights on Swiss stocks, particularly when the currency is prized as a safe-haven and when gold...
-
Will FXCM Exceed Lowered Expectations? Here's A Technical Recap Of 2015
Thursday, March 12, 2015 - 3:50pm | 344Read More...Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. FXCM Inc (NYSE: FXCM) shares were trading higher by $0.08 (3.7 percent) at $2.20 in Thursday's session. The company is due to announce Q4 results after the close. Expectations may be very low, as the...
-
Morgan Stanley's List Of Least-Preferred Global Stocks Features Coach And European Fashion Names
Friday, January 23, 2015 - 9:58am | 177Read More...Morgan Stanley unveiled on Friday a list of the firm's least-preferred global stocks. The list includes Prada, Swatch, Adidas (OTC: ADDYY) and Coach Inc (NYSE: COH). The analysts note that Prada's management team has shown no sign of improving recent declining trends and that the...
-
How to Profit From German Threat to Withhold Aid to Greece
Thursday, September 8, 2011 - 8:32am | 694Read More...During a speech made before Germany's Parliament, German Finance Minister Wolfgang Schaeuble warned that Greece must meet all the conditions that it previously agreed to in order to receive the next round of funds from its rescue package. Greece is having problems sticking to the austerity...
-
How to Profit from Swiss Central Bank's Market Intervention
Wednesday, September 7, 2011 - 8:03am | 696Read More...The markets were shocked yesterday when Switzerland's central bank announced that it was putting a ceiling on how high it would allow the Swiss franc to trade in relation to the euro. The Swiss National Bank (SNB) has warned investors for months with words and deeds that it would not allow the...
-
Profiting from Swiss Threat to Peg Franc to the Euro and Impose Negative Interest Rates
Thursday, August 11, 2011 - 8:44am | 614Read More...Switzerland's central bank is considering further measures to keep the country's currency from appreciating any further. The Swiss National Bank (SNB) has already increased liquidity and reduced interests over the last week but has warned speculators that it considers the Swiss currency to be "...
-
How to Profit from Swiss Central Bank's Efforts to Halt Rise of Swiss Franc
Wednesday, August 10, 2011 - 5:56am | 623Read More...Switzerland's central bank increased its efforts to cool a rising Swiss franc that threatens the competitiveness of the country's exporters. The Swiss franc has become an even more popular safe haven currency in the aftermath of Standard & Poor's downgrade of the United States' credit rating...
